Can I offer contests that involve entry fees in New Mexico? What are the requirements?

Requirements for Offering Contests with Entry Fees in New Mexico

According to the New Mexico Administrative Code (NMAC), contests that involve entry fees are considered games of chance and are subject to the New Mexico Bingo and Raffle Act [15.4.2.6 NMAC]. Therefore, if you want to offer contests that involve entry fees in New Mexico, you must comply with the requirements of the New Mexico Bingo and Raffle Act.

The Act requires that organizations obtain a license from the New Mexico Gaming Control Board before conducting any games of chance, including contests with entry fees [15.4.2.6 NMAC]. Additionally, the Act sets forth various requirements for the conduct of games of chance, including record-keeping, reporting, and prize limitations [15.4.2.6 NMAC].

It is important to note that the Act provides exemptions for certain types of games, such as those conducted by charitable organizations or those with low-value prizes [15.4.2.6 NMAC]. However, it is recommended that you consult with an attorney or the New Mexico Gaming Control Board to determine whether your proposed contest is exempt from the Act’s requirements.

Jurisdiction

New Mexico

• Gaming